Canada new home prices climb 0.2% in November

New home prices in Canada rose 0.2 percent in November from the previous month, following a 0.3 percent gain in October, Statistics Canada said on Thursday.

Vancouver and the Toronto area once more acted as the main drivers for the overall increase, with builders citing market conditions.

Following are the percentage changes:

Month on Month Year on Year

Nov Oct Nov Oct Total +0.2 +0.3 +1.6 +1.5 House only +0.2 +0.3 +1.7 +1.6 Land only 0.0 +0.1 +1.4 +1.5 NOTE: The median forecast of analysts surveyed by Reuters was for a 0.2 percent monthly increase in new home prices in November. The index excludes apartments and condominiums and is not seasonally adjusted. (Reporting by Simon Doyle; Editing by David Ljunggren)